Brandon O'Brien - 02 Feb 2023 Form 4 Insider Report for CORVEL CORP (CRVL)

Role
Chief Financial Officer
Signature
By: Sharon O'Connor For: Brandon O'Brien
Issuer symbol
CRVL
Transactions as of
02 Feb 2023
Transactions value $
-$297,784
Form type
4
Filing time
06 Feb 2023, 15:45:47 UTC
Previous filing
07 Nov 2022
Next filing
08 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVL Common Stock Options Exercise $2,272 +46 +1.72% $49.4* 2,720 02 Feb 2023 Direct
transaction CRVL Common Stock Tax liability -$2,268 -12 -0.44% $189.02 2,708 02 Feb 2023 Direct F1
transaction CRVL Common Stock Tax liability -$2,457 -13 -0.48% $189.02 2,695 02 Feb 2023 Direct F1
transaction CRVL Common Stock Options Exercise $10,724 +187 +6.94% $57.35 2,882 02 Feb 2023 Direct
transaction CRVL Common Stock Tax liability -$10,585 -56 -1.94% $189.02 2,826 02 Feb 2023 Direct F1
transaction CRVL Common Stock Tax liability -$10,018 -53 -1.88% $189.02 2,773 02 Feb 2023 Direct F1
transaction CRVL Common Stock Options Exercise $59,320 +1,000 +36.06% $59.32 3,773 02 Feb 2023 Direct
transaction CRVL Common Stock Tax liability -$59,163 -313 -8.3% $189.02 3,460 02 Feb 2023 Direct F1
transaction CRVL Common Stock Tax liability -$52,547 -278 -8.03% $189.02 3,182 02 Feb 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$8,694 -46 -100% $189.02 0 02 Feb 2023 Common Stock 46 $49.4 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$35,346 -187 -100% $189.02 0 02 Feb 2023 Common Stock 187 $57.35 Direct F2
transaction CRVL Non-Qualified Stock Option (right to buy) Options Exercise -$189,020 -1,000 -50% $189.02 1,000 02 Feb 2023 Common Stock 1,000 $59.32 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered in payment of the option exercise price and/or tax liability incident to the option exercise.
F2 Exercisable as to 25% of shares one year following grant date with the remaining shares exercisable in 36 equal monthly installments thereafter.
F3 Option will vest based on achievement of certain performance criteria relating to earnings growth.